Africa Energy Headlines International

Uganda issues license for construction of controversial oil pipeline

Uganda has issued a license for the construction of a pipeline across the country and Tanzania to transport hydrocarbons from East Africa to international markets, a project that has raised the ire of environmentalists. “The approval (of the license) is another sign to demonstrate the common commitment of the two countries to develop the EACOP […]

Africa Energy International

Cyril Ramaphosa scraps Davos plans over energy crisis at home

South African President Cyril Ramaphosa has cancelled plans to take part in World Economic Forum (WEF) in Davos because of the energy crisis affecting the country. Vincent Magwenya, spokesman of the South African president said Ramaphosa will remain home to hold talks with Eskom and political leaders. Earlier reports said he would lead a government […]

Africa Energy Headlines International

Africa offers new solutions to avoid risks derailing net-zero energy transition — WEF report

Ahead of its annual meeting taking place in Davos in Switzerland, the World Economic Forum (WEF) says that short-term fixes to the energy crisis including subsidies and coal consumption could imperil the transition to net-zero, while proposing several solutions that have a special resonance in the context of some African countries, such as Senegal and […]

Egypt Energy

ENI discovers new gas field in Egypt

Italian energy group Eni has discovered a major natural gas at Narges-1 exploration well in the Narges Offshore Area Concession in the Eastern Mediterranean, offshore Egypt, the company announced Sunday in a press release. The multinational firm said it discovered 200 net feet (61 meters) of milocene and oligosin gas-bearing sandstones in the Nargis-1 well […]

Emerging Markets Energy Europe Headlines International Morocco

Belgium’s John Cockerill to produce green hydrogen in Morocco

Belgium’s energy firm, John Cockerill, plans to invest in green hydrogen as part of a joint venture in Morocco where they plan to manufacture key equipment to transform electricity into hydrogen at a lower cost, Afrik21 reported. “In Morocco, John Cockerill will manufacture alkaline electrolyzers. This is the most widespread technology for the production of […]

Columns Energy Headlines Opinions

Algeria’s gas export volumes down 10% in 2022 compared to 2021

The Algerian government has indulged in telling half-truths by focusing on value of gas exports instead of the volume which has dropped 10% to 49.3 billion cubic meters in 2022, down more than 5 bcm from 2021. The drop confirms forecasts that Algeria- which already lost its status as an oil country- will lack capacity […]

Africa Emerging Markets Energy Headlines International

Zimbabwe bans raw lithium exports as demand, prices soar

Zimbabwe has banned the export of raw lithium from its mines so it can cash in on value addition and stop losing billions of dollars in mineral proceeds to foreign companies. The new regulation is designed to “ensure that the vision of the president to see the country becoming an upper-middle income economy has been […]

Africa Energy Europe Headlines International

New EIB study confirms Africa’s €1 trillion green hydrogen potential

Harnessing Africa’s solar energy to produce 50 million tons of green hydrogen a year by 2035 can help secure global energy supply, create jobs, decarbonize heavy industry, and transform access to clean water and sustainable energy, according to a new report by the European Investment Bank (EIB). Africa could make $1.1 trillion from the sale […]

Energy Europe Headlines International Morocco

EU carbon tax, a chance for Moroccan industry to boost competitiveness- Minister

The EU’s carbon tax, agreed recently, is a chance for Moroccan industry operators to enhance their competitiveness. “We should not look at this measure as a burden on our industries. It is rather an advantage to overcome competition,” Minister of Industry and trade Ryad Mezzour told local media le360. EU governments reached a deal over […]